Glacier Bank of Whitefish in Whitefish, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 2008

  • Glacier Bank of Whitefish in Whitefish, Montana (MT)
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Glacier Bank of Whitefish - Overview

  • General
  • FDIC Certificate #: 2204
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Glacier Bank (#30788)
    Federal Reserve ID: 444257
    Date Established: January 01, 1907
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 10689
    FDIC's unique #: 1461
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 01, 2008
    Last Structure Change Process Date: May 23, 2008
    Last Data Update: May 23, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 319 Second Street, Whitefish, MT 59937
    County: Flathead
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Kalispell, MT (#28060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $203.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2007)

  • Dollar figures in thousands
  • 53Total employees (full-time equivalent)
  • $197,603Total assets
  • $11,701Cash and due from depository institutions
  • $2,303Interest-bearing balances
  • $19,720Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $155,046Net loans & leases
  • $1,980Loan loss allowance
  • $0Trading account assets
  • $5,698Bank premises and fixed assets
  • $0Other real estate owned
  • $260Goodwill and other intangibles
  • $0Life insurance assets
  • $5,178All other assets
  • $197,603Total liabilities and capital
  • $178,609Total liabilities
  • $105,596Total deposits
  • $65,708Interest-bearing deposits
  • $105,596Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $14,217Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $57,727Other borrowed funds
  • $0Subordinated debt
  • $1,069All other liabilities
  • $18,994Total equity capital
  • $18,994Total bank equity capital
  • $18,994Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $13,320Undivided profits
  • Memoranda
  • $4,674Noncurrent loans and leases
  • $63,703Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $255Earning assets
  • $0Long-term assets (5+ years)
  • $906Average Assets, year-to-date
  • $177,069Average Assets, quarterly
  • $34,254Volatile liabilities
  • $192,261Insider loans
  • $196,857FHLB advances
  • $23,751Loans and leases held for sale
  • $14,868Unused loan commitments
  • $57,595Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,480Total risk weighted assets
  • $63,703Total unused commitments
  • $0Restructured Loans and leases
  • $1,980Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $12,664Total interest income
  • $5,216Total interest expense
  • $7,448Net interest income
  • $180Provision for loan and lease losses
  • $1,726Total noninterest income
  • $0Fiduciary activities
  • $1,163Service charges on deposit accounts
  • $0Trading account gains & fees
  • $563Additional noninterest income
  • $4,405Total noninterest expense
  • $2,037Salaries and employee benefits
  • $415Premises and equipment expense
  • $1,953Additional noninterest expense
  • $4,589Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,652Applicable income taxes
  • $2,937Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,937Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $44Sale, conversion, retirement of capital stock, net
  • $1,200Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.36%Yield on earning assets
  • 3.03%Cost of funding earning assets
  • 4.33%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 2.56%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 2.39%Pretax return on assets
  • 16.36%Return on equity (ROE)
  • 9.67%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 409.09%Credit loss provision to net charge-offs
  • 108.39%Efficiency ratio
  • 48,016Assets per employee
  • 3.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.86%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 776.47%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 146.83%Net loans and leases to core deposits
  • 161.18%Equity capital to assets
  • 9.61%Core capital (leverage) ratio
  • 9.63%Tier 1 risk-based capital ratio
  • 10.96%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $192,261Average earning assets
  • $17,955Average equity
  • $172,181Average loans

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